The first private urban air mobility soon in London and New York

Halo, the first global provider for private urban air mobility, has placed a firm order of 200 Eve Urban Air Mobility vehicles, therefore making it the launch customer for this aircraft. The expected delivery will be in 2025-26, where 100 vehicles will be used in London and another 100 in New York.

Halo’s is the official partner of Eve in a mission to build the world’s first comprehensive urban air mobility system. Eve is an independent company formed by Embraer S.A. (NYSE: ERJ) and is a leader in electric vertical take-off and landing (eVTOL) an industry that has a lot of competition since the true market leader is yet to be determine.

In addition, Halo announced the alignment of U.K.-based Halo Aviation Ltd. (Halo) and U.S.-based Associated Aircraft Group (AAG) under the Halo brand. Both companies had been acquired earlier this year by OneSky Flight, a member of the Directional Aviation family. The alignment ensures consistent service for Halo’s clients traveling in two of the world’s leading global centers of business. In addition Halo will provide streamlined experiences for world-traveling clients of sister companies in the Directional Aviation family of brands: FlexjetSentient JetPrivateFly and FXAIR.

“Bringing together two companies, which are leading providers of vertical lift and urban mobility services in two of the most important markets, will create a phenomenal vertical mobility platform ,” said Kenneth C. Ricci, Principal, Directional Aviation. “And in placing this order for a revolutionary breakthrough in urban air mobility, we are advancing toward safe, efficient and sustainable travel in and between our cities. eVTOL. Urban air mobility is the greatest opportunity, and the greatest challenge, I have seen in my 40 years in aviation, and Eve is positioned to make it a reality”.

Nearly a dozen eVTOL aircraft designs were evaluated before Halo selected Eve as its launch product to deliver its vertical lift vision. In selecting this aircraft and manufacturer, Ricci said he assessed several elements that pointed to its future success.

“We believe Eve has designed an aircraft that is well-prepared for not only initial certification but only also has a proven track record of production,” Ricci said. “The outstanding lineage of aircraft design, certification and production that Embraer brings to this aircraft positions Eve with significant advantages in the competitive landscape. And our background as operators has taught us that product support is absolutely vital to the overall success of new programs. The relationship between Embraer and Eve will create one of the most successful global product support infrastructures in the industry. Finally, the work that Eve and Embraer have completed around their traffic management system is just one more example of how uniquely positioned Eve is to help us deliver on our vision.”

About Eve

Eve is a newly formed independent company dedicated to offer passengers the Urban Air Mobility (UAM) ecosystem. Backed by Embraer’s more than 50-year history of aerospace expertise, and with a singular focus, Eve is taking a holistic approach to progressing the UAM ecosystem, with an advanced electric vertical takeoff and landing vehicle (eVTOL) project, a comprehensive global services and support network, and a unique air traffic management solution. 

About Halo

Halo Aviation is a privately held helicopter company with bases in the South of England around London, Midlands and in the Channel Islands. Backed by a management team with over 40 years of experience, Halo is a part of a strong portfolio of industry-leading private travel companies with a reputation for operational excellence. During the last 10 years Halo has flown the Heads of Government of the UK, France, Germany, Canada Italy, Japan and Libya. Halo also flies Formula 1 teams, celebrities. Its fleet of Agusta/Leonardo AW109 and AW169 helicopters are flown by the highly experienced pilots and are committed to the passenger safety. Its helicopters are the faster in the UK allowing non-stop flights.

Disclaimer – I/we have no position in any stock mentioned. I wrote this article myself, and it expresses my personal opinions. I am not receiving any compensation for it, other than FDGT Academy. I do not have or had in the past any business relationship with any company that is mentioned in the above article.

Natalia C. - Junior Analyst at FDGT Academy

Natalia C. - Junior Analyst at FDGT Academy

I am a stock analyst/investor with prior experience and knowledge to BSc Accounting and Finance. After completing my degree and exposure to the accounting firms I decided that the direction I should choose is towards the Investment world. I completed my masters in Investment Management where it gave me solid fundamentals to build my career on. I have examined a lot of different aspects of investment, from REITS, derivatives, currencies, bonds, equity and hedge funds. I never stopped learning about the market which is why I can analyze and write articles for FDGT community always personally opinionated. My passion are green energy and electric vehicles stocks as a whole. I also had my share of analyzing the work form home stocks that are coming to take over in the upcoming years.

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